Quick Guide

Login Details

Let’s start with your basic details - Name, Email ID & Mobile No.

You can create a User ID and password of your choice, or get it auto generated.

Please keep your PAN card, Photo (or you can also click one using your webcam/mobile)
& cancelled cheque handy to complete the process in just a few minutes.(Image
format should be .JPEG & image sizes must be less than 2 MB each)

Address Details

Bank Details

Other Details

IIFL provides a plethora of investment options, here you can make you choice regarding
what options you wish to avail. Please hover over segments for more information.

NSE is National Stock Exchange of India Limited,
while BSE is Bombay Stock Exchange Ltd., these are
the two leading exchanges in India.

If you’re new to investing or confused about what to choose, there is no need to
think, simply choose default values and let our experts handle the rest, we assure
you that this will make no difference in terms of charges etc.

Are you a United States resident or own accounts/assets in the US? If yes, you’ll
have to provide us with a few details (FATCA), else you’re just a few clicks away
from investing.

Cancelled Cheque: upload a cancelled cheque with your name printed on it, if your
cheque does not have your name printed on it, please upload a copy of your bank
statement with account details visible clearly.

Forgot Password

New Password

New Password

ReEnter Password

A onetime password has been sent in your mobile no.
Kindly enter the OTP to reset your password.

Terms and Conditions

IIFL Securities Limited (hereinafter referred to as “IIFL”) has prescribed
certain eligibility criteria and terms and conditions which are to be followed by
the client, before opening trading and demat account through the website of IIFL.
The Client is required to go through each and every condition as mentioned below
and verify if he/she is eligible to open account with IIFL. If all terms and conditions
are acceptable to the client, he/she should mark in I agree and accept column in
order to open trading and demat account.

I / we authorize that by sharing the Aadhaar Number voluntarily, I/ we have allowed
IIFL to access details with UIDAI database and use the data so fetched to complete
KYC and do due diligence as required and mandated by SEBI and other regulators.

I hereby authorize representatives and employees of IIFL Holdings Limited and its group companies to receive calls,
SMS, Email and additional forms of communication with reference to products and promotions

I/ we understand and confirm that i/we is/are responsible for verifying the data
fetched through KRA / UIDAI database and i/we take the responsibility of intimating
any changes or modification in the details fetched to IIFL, alongwith necessary
documentary evidence. Failing to do so, IIFL reserves the right to act as deemed
necessary and fit.

I/we authorize IIFL to use the Aadhaar Number to generate e-signature with the help
of a certifying authority (E-Mudra) and affix the same at the relevant places in
the KYC form. The e-signature so affixed in the KYC form and other voluntary documents
would be equivalent of my agreement to all the terms and conditions as it would
have been, had the form be signed by me physically.

The opening of account is subject to realization of the cheque or the online payment
received.

The account number allotted to you is in inactive status to avoid any unauthorized
transactions. Transaction will be allowed post activation of your account after
completion of account opening formalities. In case the documents submitted along
with the application do not comply with the KYC guidelines of IIFL, the application
is liable to be rejected

This facility is currently available to open a Inpidual resident broking account
only. Please note Non Inpidual and NRIs cannot open broking account through this
facility.

The User Id – chosen by you or allocated to you will remain available for 30 days
from the date of selection or allocation the account number, In case the account
does not get activated within 30 days
the User ID will not be available for the customer.

In case the documents submitted along with the application do not comply with the
KYC guidelines of IIFL, the application is liable to be rejected and IIFL will not
be liable to refund the Account opening fees and any interest on the amount.

I/We understand that IIFL may at it absolute discretion, discontinue any of the
Services completely or partially without any notice to me/us.

I/We understand that investment products are not IIFL objects or other obligations
of or guaranteed or insured by IIFL Ltd. or their affiliates. They are subject to
risk and possible loss of principal. Past Performance is not indicative of future
performance. I/We hereby declare the above information is true to the best of my/our
knowledge.

I/We shall advice IIFL immediately in the manner as agreed by me/us and acceptable
to IIFL, in case of any change in the above details and information given by me/us.
I/We have read and understood the terms and conditions available at IIFL's web-site
www.indiainfoline.com

All new to IIFL, customers can fund their account online, from specific list of
Payment Gateway options. The amount will be credited into customer account post
account activation and basis availability of clear funds or receipt of the same
by IIFL.

While transferring funds through online mode(s), IIFL will not accept any responsibility
or liability of whatsoever nature in respect of any loss or damage arising directly
or indirectly to the customer out of the decline due to:

lack of authorization for any transaction/s,

or exceeding the preset limit mutually agreed by the customer and his/her remitting
"Bank(s)",

or any payment issues arising out of the transaction,

or decline of transaction for any other reason/s.

Please Note:

Customer can avail Alerts Services to receive transaction details/information relating
to your IIFL account through SMS on the mobile number registered with IIFL

All accounts will be opened in the same combination as provided in the Account Opening
Form by the Customer or may be updated as per the details updated with UIDAI (Aadhaar)
or with KRA

All alerts, e-newsletter and promotional mails will be sent to the preferred mobile
number and e-mail ID.

As per IIFL Policy we can provide only one Userid/Login id for a client opening
trading account in Equity. If you are already registered in commodity and you want
to open Equity account or vice versa, please note you are requested to use your
existing Userid/Login Id and complete the account opening formalities.

For sharing/disclosing of my Aadhaar number including demographic information with the Asset Management Companies of SEBI registered Mutual Fund(s), KRA(s) and their Registrar and Transfer Agents (RTAs) for the purpose of updating the same in my folios based on my PAN/PEKRN or other key information available with such intermediaries.

Further declare that this consent will remain valid for updation in all my / new folios(s) serviced by RTA (CAMS / Karvy / Sundaram / Franklin Templeton

As per Income Tax database, your name is Please note as per Govt. regulator SEBI, your trading account must be opened
with name as per PAN card.

Consent for Authentication

I, the holder of Aadhar No.
, hereby give my consent to India Infoline Ltd. to obtain my Aadhar Number,
Name and One-time password/ fingerprint/ Iris for authentication with UIDAI. India
Infoline Ltd. has informed me that my identity information will only be used for
the purpose of opening my account and registering my KYC, and also informed that
my biometrics will not be stored/shared and will be submitted to CIDR only for the
purpose of authentication.

KRA OTP

OTP :

Your Aadhaar could not be validated.
Please enter correct Aadhaar number.
On the basis of Aadhaar, your account can be opened instantly with 100% paperless
process.

Your account can be opened in a few minutes by using Aadhaar no. If u do not have
Aadhaar, we can still open your account after physical verification.

Would you like to provide your Aadhaar no?

Unable to connect PAN service. Please Enter your Name as per Pan Card.

Kindly validate your email id and mobile no.

There is a mismatch between mobile no. and email id provided by you and those in
Aadhar/KRA database.
If you choose email id or mobile no different from Aadhaar or KRA, we may need to
verify them via OTP.

You Gave

KRA

Aadhaar

If you choose an Email ID/Mobile Number different from Aadhaar/KRA, we may need
to verify your Email ID/Mobile Number via OTP. Would you like to choose Aadhaar/KRA
Email ID/Mobile Number?

A onetime password has been sent in your Mobile Number/EmailID. Kindly enter the
OTP to verify your Mobile Number/EmailID.

Declaration:

I acknowledge and confirm that the information provided above is true and correct
to the best of my knowledge and belief. In case any of the above specified information
is found to be false or untrue or misleading or misrepresenting, I/ am aware that
I may liable for it. In case of any change in the above given status on a future
date, I undertake to inform IIFL the same within 30 days.

I agree that if I am a US person or tax resident of a reportable foreign jurisdiction
(other than US) requiring reporting under FATCA/CRS or any other law, my account
details, as required under internal governmental agreement (IGA)/Multilateral competent
authority agreement (MCAA) signed by Indian Government, would be reported by IIFL
to relevant authority.

Note: " Money would be debited from your account as per above details. Order will be placed after client activation is completed and accordingly NAV would be allocated.
By clicking on Invest Now, I agree that I'm using my own bank account and no third party bank account for registration and / or transaction."

Terms and Conditions

IIFL Securities Limited (hereinafter referred to as IIL) has prescribed certain eligibility criteria and terms and conditions which are to be followed by the client, before opening trading and demat account through the website of IIL. The Client is required to go through each and every condition as mentioned below and verify if he/she is eligible to open account with IIL. If all terms and conditions are acceptable to the client, he/she should mark in I agree and accept column in order to open trading and demat account.

Product Features

IIFL Securities Limited provides for “Do It Yourself “concept of Internet trading their by reducing the hassle of paperwork for on boarding client and providing paperless and seamless services to its clients. Following are some of the unique features of the product on offer by IIL;

The product being offered is completely on online , where by client would be able to trade online and experience the other services provided by the Trading Member and Depository Participants online through email / mobile application and online login application unless otherwise mandated under any rules and regulations by the regulatory authorities.

This facility is currently available for opening Resident Individual broking and demat account only. Please note Non Individual and NRIs cannot open broking and demat account through this facility.

The account number allotted to you is in inactive status to avoid any unauthorized transactions. Transaction will be allowed post activation of your account after completion of account opening formalities. In case the documents submitted along with the application do not comply with the KYC guidelines of IIL, the application is liable to be rejected.

The User Id – chosen by you or allocated to you will remain available for 30 days from the date of selection or allocation of the account number, In case the account does not get activated within 30 days the User ID will not be available for the customer.

In case the documents submitted along with the application do not comply with the KYC guidelines of IIL, the application is liable to be rejected and IIL will not be liable to refund the Account opening fees and any interest on the amount.

The opening of account is subject to realization of the cheque or the online payment received.

Authorization and Acknowledgement

I/we hereby understand and acknowledge that by agreeing to enter into client-member relationship with IIFL Securities Limited we would have access to product uniqueness and features only on the following conditions are met:

I/we understand and acknowledge that IIFL Securities Limited would send ECN (Electronic Contract Notes) and other statements pertaining to Equity and Demat Operations and services to our email id provided by us and verified by IIFL Securities Limited.

I/we understand and acknowledge that, I/we would like to subscribe for Account Statement (for demat) with monthly periodicity.

I/we understand and acknowledge that the PoA is taken from the clients who want to avail internet based trading services. For offering internet based trading services, a Stock Broker requires necessary authorizations for seamless trading, collection of margins as well as settlement of funds and securities and hence the said account would be operated through Power of Attorney.

I/we understand and acknowledge that, I/we would like to receive dividend/interest directly to my bank account given during the account opening process through ECS.

I/ we understand and confirm that i/we is/are responsible for verifying the data fetched through KRA / UIDAI database and i/we take the responsibility of intimating any changes or modification in the details fetched to IIL, alongwith necessary documentary evidence. Failing to do so, IIL reserves the right to act as deemed necessary and fit.

I / we authorize that by sharing the Aadhaar Number voluntarily, I/ we have allowed IIL to access details with UIDAI database and use the data so fetched to complete KYC and do due diligence as required and mandated by SEBI and other regulators.

I/we authorize IIL to use the Aadhaar Number for generating e-signature with the help of a certifying authority (E-Mudra) and affix the same at the relevant places in the KYC form. The e-signature so affixed in the KYC form and other voluntary documents would be equivalent of my agreement to all the terms and conditions as it would have been, had the form be signed by me physically.

I/We understand that IIL may at it absolute discretion, discontinue any of the Services completely or partially without any notice to me/us.

I/We understand that investment products are not IIL objects or other obligations of or guaranteed or insured by IIFL Securities Limited. or their affiliates. They are subject to risk and possible loss of principal. Past Performance is not indicative of future performance. I/We hereby declare the above information is true to the best of my/our knowledge.

I/We shall advice IIL immediately in the manner as agreed by me/us and acceptable to IIL, in case of any change in the above details and information given by me/us.

I/We have read and understood the terms and conditions, disclaimers, privacy policy available at IIL's web-site www.indiainfoline.com.

All new to IIL customers, can fund their account online, from specific list of Payment Gateway options. The amount will be credited into customer account post account activation and basis availability of clear funds or receipt of the same by IIL.

While transferring funds through online mode(s), IIL will not accept any responsibility or liability of whatsoever nature in respect of any loss or damage arising directly or indirectly to the customer out of the decline due to:

lack of authorization for any transaction/s,

or exceeding the preset limit mutually agreed by the customer and his/her remitting "Bank(s)",

or any payment issues arising out of the transaction,

or decline of transaction for any other reason/s.

I am aware that whenever there are surplus/ idle funds in my ledger, I will place order through system for investing in Mutual Fund including liquid Mutual Fund. Besides I authorize IIFL securities Limited to invest preferably in HDFC Liquid Fund, SBI Liquid Fund or any other liquid schemes to the extent of surplus/idle in my ledger and also redeem the same for meeting payin/ margin requirements in my trading account.
I am also aware that this will enable me to earn appreciation through investments in liquid Mutual Fund investments.

Please Note:

Customer can avail Alerts Services to receive transaction details/information relating to your IIL account through SMS on the mobile number registered with IIL All accounts will be opened in the same combination as provided in the Account Opening Form by the Customer or may be updated as per the details updated with UIDAI (Aadhaar) or with KRA

All alerts, e-newsletter and promotional mails will be sent to the preferred mobile number and e-mail ID.

As per IIL Policy we can provide only one Userid/Login id for a client opening trading account in Equity. If you are already registered in commodity and you want to open Equity account or vice versa, please note you are requested to use your existing Userid/Login Id and complete the account opening formalities.

TERMS AND CONDITIONS FOR AVAILING THE SERVICES OF DISTRIBUTION OF SECURITIES/ FINANCIAL PRODUCTS
AND DIRECT INVESTMENT PRODUCTS OFFERED BY IIFL

IIFL Securities Limited (IIFL) being the stock broker is in the
business of providing Trading cum Demat Services to its clients.
In additions to it, IIFL is also engaged in marketing and
distribution of IPOs of Securities of Issuers and registered with
the Association of Mutual Funds in India (AMFI) as a Mutual
Fund Distributor and other financial products including
products offered by its affiliates or group companies. IIFL
provides online/offline facility to apply/purchase/
redeem/sale/buyback or otherwise deal in the units of Mutual
Funds and other securities including transaction services opted
in Account Opening Form (hereinafter referred to as
‘transactions’).
The Client wishes to avail of the facilities/services through IIFL
on the following terms and conditions set forth herein below.
The terms and conditions contained herein are binding on the
Client. The Client has agreed to obtain facilities/services from
the IIFL after fully understanding the entire terms and
conditions. The terms and conditions shall be subject to amendment, if any from time to
time at the sole discretion of IIFL and such amendments shall
bind on the client. For the purpose of the present Terms and
Conditions, National Stock Exchange of India Limited and the
Bombay Stock Exchange Limited shall be known as the
Exchanges.

The Client shall authorize IIFL by executing a Power of
Attorney in the favour of the IIFL to execute instructions of
the Client or its authorized representative with regard to
the transactions including but not limited to acquire by
subscribing to or by purchase of securities and to sell,
transfer, endorse the securities (including but not limited
to Initial Public Offerings, Buy back offers, right issues etc.)
or redeem the same either through Online (using the
identification number issued by any Mutual Fund from
time to time) or otherwise and/or to sign and execute all
transfer deeds whether as transferor or transferee and
such other instruments, application and papers as may be
necessary for the purpose of acquiring, transferring/
redeeming the same, marking pledge/lien on such
securities and/or for transferring the investments in the
units of Mutual Fund from one scheme to another or
between mutual Funds, to make application for, or to
renounce and sign renounciation forms in respect of
bonds/debentures, right shares and additional shares of
any company/Body/Authority and to receive and hold such
rights or additional shares, bonds or debentures.

All instructions given by the Client/ its authorized
representative shall be binding on the Client IIFL may
furnish a certified copy of the Power of Attorney and other
documents on behalf of the Client to the Company/
Registrar/ Mutual Fund or any third party.

The Client agrees that the instructions with regard to the
transactions shall be in the Client’s sole name or in the
name of the Client jointly with other persons as intimated
by the Client.

The instructions with regard to the transactions may be
given through by sending email from registered email ID or
by making the call from registered telephone
number/mobile number or any other reasonable mode as
permitted by IIFL .

IIFL may refuse to act on any instructions unless they are
given in the manner and form acceptable to IIFL. However,
IIFL shall have no responsibility to determine the
authenticity of any instructions given or purported to be
given by the Client. The Client shall not hold IIFL liable on
account of IIFL acting in good faith on instructions given by
the Client or its authorized representative.

IIFL at its own discretion may not carry out the Client’s
instruction, where the IIFL has reasons to believe (which
discretion of IIFL the Client shall not question or dispute)
that the instructions are not genuine or are otherwise
improper/unclear/raise a doubt. IIFL shall not be liable if
any instructions are not carried/ partly carried out for any
reason, whatsoever. All transactions are subject to the
applicable regulatory norms and/or IIFL’s internal policy
requirements.

The Client understands and agrees that the mutual
fund/RTA/Issuer Company/stock exchanges/may cancel,
close or reject any contract suo-moto without giving any
reason thereof. In the event of such cancellation, closure or
rejection, IIFL shall be entitled to cancel relative contract(s)
with the Client and the Client shall not raise any objection
and for it and hold IIFL liable/responsible for it.

In case of Mutual Funds, the Client agrees and
acknowledges that IIFL shall provide the facilities as agreed
between the parties only in respect of the selected Mutual
Funds, with whom IIFL has entered into a separate
arrangement/agreement.

The Client undertakes to read all the relevant Offer
Documents and addendums thereto and terms and
conditions of all schemes of all mutual funds and other
issues of securities including but not limited to Initial Public
Offerings/Public Offers, Rights issue and Buy Back offers,
offered through IIFL’s website or otherwise; before
entering into any transactions the Client agrees to abide by
the terms, conditions, rules and regulations as applicable
from time to time.

The Client shall ensure that the transactions through IIFL
are executed in accordance with the applicable laws,
byelaws, rules and regulations governing the specific
investment product. IIFL may, from time to time, impose
and vary limits on the orders which the Client may place,
including but not limited to exposure limits, turnover limits
and limits as to numbers. The Client agrees that IIFL shall
not be responsible for any variation or reduction that may
be deemed necessary by IIFL based on its risk perception
and other relevant factors.
The Client understands that direct investments in
bonds/debentures/equity/equity related instruments/
mutual fund/venture capital fund may carry significant
liquidity, credit and default risk, pricing risk. including the
possible loss of principal amount invested. Past results are
not a guarantee of future performance; yield or
performance fluctuates and may not be a reflection of past
results. The Client shall investment after carefully
understanding the Investment products. IIFL shall not be
liable or held liable for any consequences thereof.

The Client expressly agree and acknowledge that any
information contained in the IIFL’s Brochures or other
materials or otherwise communicated by IIFL shall not be
constructed as investment advice and that all decisions to
purchase or sell units/securities made by the Client and
shall be on the basis of own personal judgment arrived at
after due consideration. IIFL not assure or promise any
bonus, interest, dividend, guaranteed returns and profit.

IIFL shall not be under any duty to verify compliance with
any restriction on the Client’s investment powers.

The Client is responsible for the personal and bank related
details provided by the Client. Neither IIFL nor any of the
Mutual Funds/Issuers or their respective Registrars shall
accept any liability which may arise as a consequence of the
erroneous information provided by the Client.

The Client authorizes the IIFL to disclose/share, all such
information pertaining to the Client with the companies/
entities/subsidiaries/affiliates of IIFL or their agents’
Banks/Financial Institutions/Statutory Bodies as may be
required from time to time, for the Client to be able to avail
of any or all of the services provided by IIFL under this
arrangement or any other services. The Client shall
undertake not to hold IIFL and/or companies/entities/
subsidiaries/affiliates of IIFL and/or their agents liable or
responsible for use of the aforesaid information.

In case of change of address and personal details of the
Client, the Clientt shall intimate te same via written
letter/email to IIFL of such change. 16) The Client agrees
and understands that the folio number of the Client in
respect of the Mutual Fund schemes shall be received by
IIFL from the Asset Management Company.

The Client agrees that, without prior intimation and
acknowledgement of IIFL, the Client shall not deal/liaise
with the Issuer Company/Mutual Fund/Asset
Management Company or its respective Registrars in
respect of the services availed under this agreement.

Further, any change in the details of the Client including but
not limited to the Demat account, Bank Account, Address,
registered contact number, email ID shall be first intimated
to the IIFL who may in turn liaise with the Issuer Company/
Mutual Fund/Asset Management Company or its
respective Registrars to update such changes. The Issuer
Company/ Mutual Fund/ Asset Management Company or
its respective Registrars may reject such requests and in
such an event IIFL shall not be liable for any such rejection.

The Client further agrees that the Client shall not
close/change the details of the Bank account without prior
notification to IIFL and the Client agrees that IIFL may
instruct Bank of the Client to reject any such request
received from the Client.

The Client shall provide IIFL with its Permanent Account
Number (PAN). In the event the Client has mentioned “Not
Applicable” against PAN in the Application Form, the Client
confirms that the Client is exempted from obtaining a PAN
under the provisions of the Income Tax Act, 1961. However,
in the event the Client id/application is for Rs. 50,000 or
more and PAN is not provided, the Client shall be required
to submit Form 60 or Form 61 as the case may be together
with permissible documents as proof of address.

The Client acknowledges that the purchase / application
instructions shall be processed by IIFL only after sufficient
funds to cover the purchase / application price and other
costs and charges are received by IIFL.

If after execution of any transaction it is for any reason
found that IIFL has not been provided with sufficient funds
by the Client, the Client shall pay the deficient amount to
IIFL forthwith on demand, failing which IIFL may (but shall
not be bound to) square up the transaction at any time at
the Client’s sole risk and cost. Any loss arising on such
squaring up will be borne solely by the Client and the Client
shall pay to the IIFL the additional amount that may be
payable by the Client, the IIFL’s demand being conclusive.

The Client declares and confirms that the amount being
invested by the Client. Client either directly or through its
Power of Attorney holders, in any schemes of all mutual
funds or other securities including but not limited to Initial
Public Offerings/Public Offers, Rights issue and Buy Back
offers is obtained through legitimate sources and is not
held or designed for the purpose of contravention of the
provisions of any Act, Rules and Regulations or any statue
or legislation or any other applicable Laws or any
Notifications, directions issued by any Governmental or
Statutory Authority from time to time.

In case the Client is a Non-resident Indian, the Client
confirms that the funds remitted from abroad are through
approved banking channels or from the NRE/NRO/FCNR
account.

If for any reasons, IIFL is unable to carry out the
transactions as instructed by the Client/Client’s authorized
representative to the extent of full quantity of
units/securities, the IIFL shall be entitled at its discretion
and the Client hereby irrevocably authorizes the IIFL to
carry out a transaction of a lesser quantity of
units/securities. IIFL shall not be responsible for the nonexecution
of the Client’s instructions for the entire quantity
or the remaining quantity.

The Client agrees and acknowledges that any instruction
given or purported to be given by the Client/its authorized
representative before the cut off time as may be intimated
by the IIFL to the Client from time to time, will be processed
on the same day. Any instruction received after the cut off
time will be processed on the next working day, if
applicable.

In case of Mutual Fund, applicable Net Asset Value (NAV)
shall be as per the Offer Document and SEBI Rules and
Regulations. The units of scheme shall be allotted,
redeemed or switched, as the case may be, at the NAV
prevalent on the date of the application, if the application
for purchase, redemption or switch is received by the Fund
before the cut-off time as specified on the website and
consistent with the terms of the scheme. Any request
falling due on holiday would be processed on the next
business day and respective NAV would be applicable as
per Mutual Funds offer documents.

In case of other securities, the order for purchase, sell, offer
under Buy Back etc. shall be accepted by IIFL only if the
same is received by the cut off date as indicated on the
website and consistent with the terms of the offer.

The Client agrees and acknowledges that after the first
purchase transaction in any Mutual Fund, the Client may
not be permitted to transact till the folio number is
allotted. IIFL does not accept any liability for delay in
processing time at the Mutual Fund’s or Registrar’s end.

IIFL shall credit the proceeds of the sale / redemption etc.,
for any of the Investment Products only after IIFL has
received the same unless specifically agreed otherwise.

The Client acknowledges that IIFL or its representatives
shall not be under any obligation to provide him with any
tax, legal, accounting, investment advice or advice
regarding the suitability or profitability of investment of
any kind, nor does IIFL or its representatives give any advice
or offer any opinion with respect to the nature, potential
value or suitability of any particular transaction or
investment strategy.

It is explicitly stated herein that the Mutual Fund Schemes/
Offer Documents/other schemes offered by IIFL, have not
been/shall not be understood as recommended by the IIFL.

The Client can view his/her/its transactions on the website.
A physical copy of the transactions statement or the
account statement shall be sent by IIFL only on a written
request from the Client.

In case an application is made for Initial Public Offer/Public
Offer/Units of Mutual Fund through IIFL, the Client
authorizes IIFL to collect on Client’s behalf, the refund
amount, if any, from the Issuer Company/Registrar/Asset
Management Company/Mutual Fund and subsequently
credit the same to Client’s Bank account, after set-off/
adjustment of dues payable by the Client on account of
obligations incurred in connection with the application.

The Client further agrees that IIFL shall not be held
responsible for non-allotment of securities either fully or
partly to Client, for any reason whatsoever. IIFL shall not be
held responsible in case due to some reason the
bid/application/revision instructions sent by Client is not
received by it , or if the bid/application/revision could not
be uploaded to the Stock Exchange, or could not be sent to
the Bankers/Registrar to the issue.

IIFL shall not be held responsible for non-receipt/delay
in/incorrect receipt of fund, if any, from the Registrar/
Company. IIFL shall not be held responsible for incorrect
Tax Deduction at Source (TDS) by the Registrar/company, if
applicable, or for nonreceipt or delay in/ incorrect receipt
of TDS Certificate, if any from the Registrar/Company/
Mutual Fund.

IIFL shall not be liable for any loss or damage caused by
reason of failure or delay of the mutual fund to deliver any
units purchased even though payment has been made for
the same or failure or delay in making payment in respect
of any sold though they may have been delivered.

The Client understands that the corporate actions including
but not limited to Dividends, declared by the Issuer
Company/Mutual Fund shall be directly paid by the Issuer
Company/Mutual Fund to the Client’s bank account as
detail provided by the Client.

IIFL shall also not be liable to the Client for any delay, failure
or refusal of the Mutual Fund/any Issuer Company /
Corporation or other body in registering or transferring
units to the names of the Clients of for any interest,
dividend or other loss caused to the Client arising
therefrom.

The Client agrees to provide IIFL with any confirmation/
declaration or any other document that the concerned
Issuer/Asset Management Company or any other entity
may from time to time require IIFL to collect from the Client
in respect of the services offered under this agreement.

IIFL shall not be responsible for any changes in the data of
any scheme as carried out in the Offer document or any
other documents/material issued by Asset Management
company/Issuer Company/Mutual Fund.

IIFL does not accept any liability for delay in processing time
at the Mutual Fund’s/Issuer or Registrar’s end. The Client
agrees that IIFL shall not be liable or responsible for non
execution of any transactions for any reason, whatsoever.

Neither IIFL, nor any of the Mutual Funds/nor the issuer
shall be liable for any failure to perform its obligations, to
the extent that such performance had been delayed,
hindered or prevented by systems failures network errors,
delay or loss of data due to the aforesaid, acts of God,
floods, epidemics, quarantine, riot or civil commotion and
war.

The Client agrees and understands that the application in
Mutual Fund/Initial Public Offering shall be subject to the
applicable Acts, Rules, Regulations, guidelines, circulars,
notifications, and directives issued by the Regulatory
Authorities and Offer Document issued by the respective
Mutual Fund/ Issuer.

The Client further understands and agrees that he/she shall
not place trades at unrealistic prices from current market
price of the security or trade in illiquid securities which
create artificial liquidity or amounts to manipulation of
prices or cross/synchronized trades.

IIFL shall provide its services on a best efforts basis.
However IIFL shall not be liable for any failure or for any
loss, damage or other costs arising in any way out of:
a) System failure including failure of ancillary or associated
systems, or fluctuation of power, or other acts of
God/force majeure;
b) Accident, transportation, neglect, misuse, errors,
frauds on the part of the Client or any agent of the Client
or agents or any third party, or
c) Any fault in any attachments or associated equipments
of the Client
d) Any incidental, special or consequential damages
including without limitation of loss of profit.

In the event of disputes, differences, claims and questions
between the Parties arising out of these Terms and
Conditions or in any way relating hereto or to any provision
hereof or the construction or interpretation thereof, the
Parties shall first endeavor to settle the same by friendly
consultation and, failing such settlement, Both the parties
agree to refer any claims and/or disputes to arbitration as
per the Rules, Byelaws and Regulations of the Exchange/
regulators and circulars issued thereunder in accordance
with the provisions of the Indian Arbitration and
Conciliation Act, 1996. The language of Arbitration shall be
English.The award of the arbitrator shall be final and
binding.

The Client understand that all disputes and differences
arising out of, under or in connection with these terms and
conditions or anything done hereunder shall be within the
exclusive jurisdiction only to the courts of Mumbai. Further
these terms and conditions are subject to and shall be
construed in accordance with the laws prevalent in India.

The Client understands that in cases of gross negligence, or
willful default of Client, IIFL shall be indemnified by the
Clients for, any and all costs, charges, expenses, claims,
losses or liabilities of any nature (direct or indirect)
including reasonable legal fees and expenses incurred
and/or suffered by IIFL resulting from any act of
omission/commission (or any delay) being committed by
the Client.

Special offer For Rbl customers

Free Demat Account- Account Opening Fee of Rs.750 Waived of

Zero Brokerage until the end of 1st month-up to Rs.1000
Brokrage charges will be reserved.

Terms and Conditions

IIFL Securities Limited (hereinafter referred to as IIL) has prescribed certain eligibility criteria and terms and conditions which are to be followed by the client, before opening trading and demat account through the website of IIL. The Client is required to go through each and every condition as mentioned below and verify if he/she is eligible to open account with IIL. If all terms and conditions are acceptable to the client, he/she should mark in I agree and accept column in order to open trading and demat account.

Product Features

IIFL Securities Limited provides for “Do It Yourself “concept of Internet trading their by reducing the hassle of paperwork for on boarding client and providing paperless and seamless services to its clients. Following are some of the unique features of the product on offer by IIL;

The product being offered is completely on online , where by client would be able to trade online and experience the other services provided by the Trading Member and Depository Participants online through email / mobile application and online login application unless otherwise mandated under any rules and regulations by the regulatory authorities.

This facility is currently available for opening Resident Individual broking and demat account only. Please note Non Individual and NRIs cannot open broking and demat account through this facility.

The account number allotted to you is in inactive status to avoid any unauthorized transactions. Transaction will be allowed post activation of your account after completion of account opening formalities. In case the documents submitted along with the application do not comply with the KYC guidelines of IIL, the application is liable to be rejected.

The User Id – chosen by you or allocated to you will remain available for 30 days from the date of selection or allocation of the account number, In case the account does not get activated within 30 days the User ID will not be available for the customer.

In case the documents submitted along with the application do not comply with the KYC guidelines of IIL, the application is liable to be rejected and IIL will not be liable to refund the Account opening fees and any interest on the amount.

The opening of account is subject to realization of the cheque or the online payment received.

Authorization and Acknowledgement

I/we hereby understand and acknowledge that by agreeing to enter into client-member relationship with IIFL Securities Limited we would have access to product uniqueness and features only on the following conditions are met:

I/we understand and acknowledge that IIFL Securities Limited would send ECN (Electronic Contract Notes) and other statements pertaining to Equity and Demat Operations and services to our email id provided by us and verified by IIFL Securities Limited.

I/we understand and acknowledge that, I/we would like to subscribe for Account Statement (for demat) with monthly periodicity.

I/we understand and acknowledge that the PoA is taken from the clients who want to avail internet based trading services. For offering internet based trading services, a Stock Broker requires necessary authorizations for seamless trading, collection of margins as well as settlement of funds and securities and hence the said account would be operated through Power of Attorney.

I/we understand and acknowledge that, I/we would like to receive dividend/interest directly to my bank account given during the account opening process through ECS.

I/ we understand and confirm that i/we is/are responsible for verifying the data fetched through KRA / UIDAI database and i/we take the responsibility of intimating any changes or modification in the details fetched to IIL, alongwith necessary documentary evidence. Failing to do so, IIL reserves the right to act as deemed necessary and fit.

I / we authorize that by sharing the Aadhaar Number voluntarily, I/ we have allowed IIL to access details with UIDAI database and use the data so fetched to complete KYC and do due diligence as required and mandated by SEBI and other regulators.

I/we authorize IIL to use the Aadhaar Number for generating e-signature with the help of a certifying authority (E-Mudra) and affix the same at the relevant places in the KYC form. The e-signature so affixed in the KYC form and other voluntary documents would be equivalent of my agreement to all the terms and conditions as it would have been, had the form be signed by me physically.

I/We understand that IIL may at it absolute discretion, discontinue any of the Services completely or partially without any notice to me/us.

I/We understand that investment products are not IIL objects or other obligations of or guaranteed or insured by IIFL Securities Limited. or their affiliates. They are subject to risk and possible loss of principal. Past Performance is not indicative of future performance. I/We hereby declare the above information is true to the best of my/our knowledge.

I/We shall advice IIL immediately in the manner as agreed by me/us and acceptable to IIL, in case of any change in the above details and information given by me/us.

I/We have read and understood the terms and conditions, disclaimers, privacy policy available at IIL's web-site www.indiainfoline.com.

All new to IIL customers, can fund their account online, from specific list of Payment Gateway options. The amount will be credited into customer account post account activation and basis availability of clear funds or receipt of the same by IIL.

While transferring funds through online mode(s), IIL will not accept any responsibility or liability of whatsoever nature in respect of any loss or damage arising directly or indirectly to the customer out of the decline due to:

lack of authorization for any transaction/s,

or exceeding the preset limit mutually agreed by the customer and his/her remitting "Bank(s)",

or any payment issues arising out of the transaction,

or decline of transaction for any other reason/s.

I am aware that whenever there are surplus/ idle funds in my ledger, I will place order through system for investing in Mutual Fund including liquid Mutual Fund. Besides I authorize IIFL securities Limited to invest preferably in HDFC Liquid Fund, SBI Liquid Fund or any other liquid schemes to the extent of surplus/idle in my ledger and also redeem the same for meeting payin/ margin requirements in my trading account.
I am also aware that this will enable me to earn appreciation through investments in liquid Mutual Fund investments.

Please Note:

Customer can avail Alerts Services to receive transaction details/information relating to your IIL account through SMS on the mobile number registered with IIL All accounts will be opened in the same combination as provided in the Account Opening Form by the Customer or may be updated as per the details updated with UIDAI (Aadhaar) or with KRA

All alerts, e-newsletter and promotional mails will be sent to the preferred mobile number and e-mail ID.

As per IIL Policy we can provide only one Userid/Login id for a client opening trading account in Equity. If you are already registered in commodity and you want to open Equity account or vice versa, please note you are requested to use your existing Userid/Login Id and complete the account opening formalities.

Terms and Conditions

IIFL Securities Limited (hereinafter referred to as IIL) has prescribed certain eligibility criteria and terms and conditions which are to be followed by the client, before opening trading and demat account through the website of IIL. The Client is required to go through each and every condition as mentioned below and verify if he/she is eligible to open account with IIL. If all terms and conditions are acceptable to the client, he/she should mark in I agree and accept column in order to open trading and demat account.

Product Features

IIFL Securities Limited provides for “Do It Yourself “concept of Internet trading their by reducing the hassle of paperwork for on boarding client and providing paperless and seamless services to its clients. Following are some of the unique features of the product on offer by IIL;

The product being offered is completely on online , where by client would be able to trade online and experience the other services provided by the Trading Member and Depository Participants online through email / mobile application and online login application unless otherwise mandated under any rules and regulations by the regulatory authorities.

This facility is currently available for opening Resident Individual broking and demat account only. Please note Non Individual and NRIs cannot open broking and demat account through this facility.

The account number allotted to you is in inactive status to avoid any unauthorized transactions. Transaction will be allowed post activation of your account after completion of account opening formalities. In case the documents submitted along with the application do not comply with the KYC guidelines of IIL, the application is liable to be rejected.

The User Id – chosen by you or allocated to you will remain available for 30 days from the date of selection or allocation of the account number, In case the account does not get activated within 30 days the User ID will not be available for the customer.

In case the documents submitted along with the application do not comply with the KYC guidelines of IIL, the application is liable to be rejected and IIL will not be liable to refund the Account opening fees and any interest on the amount.

The opening of account is subject to realization of the cheque or the online payment received.

Authorization and Acknowledgement

I/we hereby understand and acknowledge that by agreeing to enter into client-member relationship with IIFL Securities Limited we would have access to product uniqueness and features only on the following conditions are met:

I/we understand and acknowledge that IIFL Securities Limited would send ECN (Electronic Contract Notes) and other statements pertaining to Equity and Demat Operations and services to our email id provided by us and verified by IIFL Securities Limited.

I/we understand and acknowledge that, I/we would like to subscribe for Account Statement (for demat) with monthly periodicity.

I/we understand and acknowledge that the PoA is taken from the clients who want to avail internet based trading services. For offering internet based trading services, a Stock Broker requires necessary authorizations for seamless trading, collection of margins as well as settlement of funds and securities and hence the said account would be operated through Power of Attorney.

I/we understand and acknowledge that, I/we would like to receive dividend/interest directly to my bank account given during the account opening process through ECS.

I/ we understand and confirm that i/we is/are responsible for verifying the data fetched through KRA / UIDAI database and i/we take the responsibility of intimating any changes or modification in the details fetched to IIL, alongwith necessary documentary evidence. Failing to do so, IIL reserves the right to act as deemed necessary and fit.

I / we authorize that by sharing the Aadhaar Number voluntarily, I/ we have allowed IIL to access details with UIDAI database and use the data so fetched to complete KYC and do due diligence as required and mandated by SEBI and other regulators.

I/we authorize IIL to use the Aadhaar Number for generating e-signature with the help of a certifying authority (E-Mudra) and affix the same at the relevant places in the KYC form. The e-signature so affixed in the KYC form and other voluntary documents would be equivalent of my agreement to all the terms and conditions as it would have been, had the form be signed by me physically.

I/We understand that IIL may at it absolute discretion, discontinue any of the Services completely or partially without any notice to me/us.

I/We understand that investment products are not IIL objects or other obligations of or guaranteed or insured by IIFL Securities Limited. or their affiliates. They are subject to risk and possible loss of principal. Past Performance is not indicative of future performance. I/We hereby declare the above information is true to the best of my/our knowledge.

I/We shall advice IIL immediately in the manner as agreed by me/us and acceptable to IIL, in case of any change in the above details and information given by me/us.

I/We have read and understood the terms and conditions, disclaimers, privacy policy available at IIL's web-site www.indiainfoline.com.

All new to IIL customers, can fund their account online, from specific list of Payment Gateway options. The amount will be credited into customer account post account activation and basis availability of clear funds or receipt of the same by IIL.

While transferring funds through online mode(s), IIL will not accept any responsibility or liability of whatsoever nature in respect of any loss or damage arising directly or indirectly to the customer out of the decline due to:

lack of authorization for any transaction/s,

or exceeding the preset limit mutually agreed by the customer and his/her remitting "Bank(s)",

or any payment issues arising out of the transaction,

or decline of transaction for any other reason/s.

I am aware that whenever there are surplus/ idle funds in my ledger, I will place order through system for investing in Mutual Fund including liquid Mutual Fund. Besides I authorize IIFL securities Limited to invest preferably in HDFC Liquid Fund, SBI Liquid Fund or any other liquid schemes to the extent of surplus/idle in my ledger and also redeem the same for meeting payin/ margin requirements in my trading account.
I am also aware that this will enable me to earn appreciation through investments in liquid Mutual Fund investments.

Please Note:

Customer can avail Alerts Services to receive transaction details/information relating to your IIL account through SMS on the mobile number registered with IIL All accounts will be opened in the same combination as provided in the Account Opening Form by the Customer or may be updated as per the details updated with UIDAI (Aadhaar) or with KRA

All alerts, e-newsletter and promotional mails will be sent to the preferred mobile number and e-mail ID.

As per IIL Policy we can provide only one Userid/Login id for a client opening trading account in Equity. If you are already registered in commodity and you want to open Equity account or vice versa, please note you are requested to use your existing Userid/Login Id and complete the account opening formalities.

TERMS AND CONDITIONS FOR AVAILING THE SERVICES OF DISTRIBUTION OF SECURITIES/ FINANCIAL PRODUCTS
AND DIRECT INVESTMENT PRODUCTS OFFERED BY IIFL

IIFL Securities Limited (IIFL) being the stock broker is in the
business of providing Trading cum Demat Services to its clients.
In additions to it, IIFL is also engaged in marketing and
distribution of IPOs of Securities of Issuers and registered with
the Association of Mutual Funds in India (AMFI) as a Mutual
Fund Distributor and other financial products including
products offered by its affiliates or group companies. IIFL
provides online/offline facility to apply/purchase/
redeem/sale/buyback or otherwise deal in the units of Mutual
Funds and other securities including transaction services opted
in Account Opening Form (hereinafter referred to as
‘transactions’).
The Client wishes to avail of the facilities/services through IIFL
on the following terms and conditions set forth herein below.
The terms and conditions contained herein are binding on the
Client. The Client has agreed to obtain facilities/services from
the IIFL after fully understanding the entire terms and
conditions. The terms and conditions shall be subject to amendment, if any from time to
time at the sole discretion of IIFL and such amendments shall
bind on the client. For the purpose of the present Terms and
Conditions, National Stock Exchange of India Limited and the
Bombay Stock Exchange Limited shall be known as the
Exchanges.

The Client shall authorize IIFL by executing a Power of
Attorney in the favour of the IIFL to execute instructions of
the Client or its authorized representative with regard to
the transactions including but not limited to acquire by
subscribing to or by purchase of securities and to sell,
transfer, endorse the securities (including but not limited
to Initial Public Offerings, Buy back offers, right issues etc.)
or redeem the same either through Online (using the
identification number issued by any Mutual Fund from
time to time) or otherwise and/or to sign and execute all
transfer deeds whether as transferor or transferee and
such other instruments, application and papers as may be
necessary for the purpose of acquiring, transferring/
redeeming the same, marking pledge/lien on such
securities and/or for transferring the investments in the
units of Mutual Fund from one scheme to another or
between mutual Funds, to make application for, or to
renounce and sign renounciation forms in respect of
bonds/debentures, right shares and additional shares of
any company/Body/Authority and to receive and hold such
rights or additional shares, bonds or debentures.

All instructions given by the Client/ its authorized
representative shall be binding on the Client IIFL may
furnish a certified copy of the Power of Attorney and other
documents on behalf of the Client to the Company/
Registrar/ Mutual Fund or any third party.

The Client agrees that the instructions with regard to the
transactions shall be in the Client’s sole name or in the
name of the Client jointly with other persons as intimated
by the Client.

The instructions with regard to the transactions may be
given through by sending email from registered email ID or
by making the call from registered telephone
number/mobile number or any other reasonable mode as
permitted by IIFL .

IIFL may refuse to act on any instructions unless they are
given in the manner and form acceptable to IIFL. However,
IIFL shall have no responsibility to determine the
authenticity of any instructions given or purported to be
given by the Client. The Client shall not hold IIFL liable on
account of IIFL acting in good faith on instructions given by
the Client or its authorized representative.

IIFL at its own discretion may not carry out the Client’s
instruction, where the IIFL has reasons to believe (which
discretion of IIFL the Client shall not question or dispute)
that the instructions are not genuine or are otherwise
improper/unclear/raise a doubt. IIFL shall not be liable if
any instructions are not carried/ partly carried out for any
reason, whatsoever. All transactions are subject to the
applicable regulatory norms and/or IIFL’s internal policy
requirements.

The Client understands and agrees that the mutual
fund/RTA/Issuer Company/stock exchanges/may cancel,
close or reject any contract suo-moto without giving any
reason thereof. In the event of such cancellation, closure or
rejection, IIFL shall be entitled to cancel relative contract(s)
with the Client and the Client shall not raise any objection
and for it and hold IIFL liable/responsible for it.

In case of Mutual Funds, the Client agrees and
acknowledges that IIFL shall provide the facilities as agreed
between the parties only in respect of the selected Mutual
Funds, with whom IIFL has entered into a separate
arrangement/agreement.

The Client undertakes to read all the relevant Offer
Documents and addendums thereto and terms and
conditions of all schemes of all mutual funds and other
issues of securities including but not limited to Initial Public
Offerings/Public Offers, Rights issue and Buy Back offers,
offered through IIFL’s website or otherwise; before
entering into any transactions the Client agrees to abide by
the terms, conditions, rules and regulations as applicable
from time to time.

The Client shall ensure that the transactions through IIFL
are executed in accordance with the applicable laws,
byelaws, rules and regulations governing the specific
investment product. IIFL may, from time to time, impose
and vary limits on the orders which the Client may place,
including but not limited to exposure limits, turnover limits
and limits as to numbers. The Client agrees that IIFL shall
not be responsible for any variation or reduction that may
be deemed necessary by IIFL based on its risk perception
and other relevant factors.
The Client understands that direct investments in
bonds/debentures/equity/equity related instruments/
mutual fund/venture capital fund may carry significant
liquidity, credit and default risk, pricing risk. including the
possible loss of principal amount invested. Past results are
not a guarantee of future performance; yield or
performance fluctuates and may not be a reflection of past
results. The Client shall investment after carefully
understanding the Investment products. IIFL shall not be
liable or held liable for any consequences thereof.

The Client expressly agree and acknowledge that any
information contained in the IIFL’s Brochures or other
materials or otherwise communicated by IIFL shall not be
constructed as investment advice and that all decisions to
purchase or sell units/securities made by the Client and
shall be on the basis of own personal judgment arrived at
after due consideration. IIFL not assure or promise any
bonus, interest, dividend, guaranteed returns and profit.

IIFL shall not be under any duty to verify compliance with
any restriction on the Client’s investment powers.

The Client is responsible for the personal and bank related
details provided by the Client. Neither IIFL nor any of the
Mutual Funds/Issuers or their respective Registrars shall
accept any liability which may arise as a consequence of the
erroneous information provided by the Client.

The Client authorizes the IIFL to disclose/share, all such
information pertaining to the Client with the companies/
entities/subsidiaries/affiliates of IIFL or their agents’
Banks/Financial Institutions/Statutory Bodies as may be
required from time to time, for the Client to be able to avail
of any or all of the services provided by IIFL under this
arrangement or any other services. The Client shall
undertake not to hold IIFL and/or companies/entities/
subsidiaries/affiliates of IIFL and/or their agents liable or
responsible for use of the aforesaid information.

In case of change of address and personal details of the
Client, the Clientt shall intimate te same via written
letter/email to IIFL of such change. 16) The Client agrees
and understands that the folio number of the Client in
respect of the Mutual Fund schemes shall be received by
IIFL from the Asset Management Company.

The Client agrees that, without prior intimation and
acknowledgement of IIFL, the Client shall not deal/liaise
with the Issuer Company/Mutual Fund/Asset
Management Company or its respective Registrars in
respect of the services availed under this agreement.

Further, any change in the details of the Client including but
not limited to the Demat account, Bank Account, Address,
registered contact number, email ID shall be first intimated
to the IIFL who may in turn liaise with the Issuer Company/
Mutual Fund/Asset Management Company or its
respective Registrars to update such changes. The Issuer
Company/ Mutual Fund/ Asset Management Company or
its respective Registrars may reject such requests and in
such an event IIFL shall not be liable for any such rejection.

The Client further agrees that the Client shall not
close/change the details of the Bank account without prior
notification to IIFL and the Client agrees that IIFL may
instruct Bank of the Client to reject any such request
received from the Client.

The Client shall provide IIFL with its Permanent Account
Number (PAN). In the event the Client has mentioned “Not
Applicable” against PAN in the Application Form, the Client
confirms that the Client is exempted from obtaining a PAN
under the provisions of the Income Tax Act, 1961. However,
in the event the Client id/application is for Rs. 50,000 or
more and PAN is not provided, the Client shall be required
to submit Form 60 or Form 61 as the case may be together
with permissible documents as proof of address.

The Client acknowledges that the purchase / application
instructions shall be processed by IIFL only after sufficient
funds to cover the purchase / application price and other
costs and charges are received by IIFL.

If after execution of any transaction it is for any reason
found that IIFL has not been provided with sufficient funds
by the Client, the Client shall pay the deficient amount to
IIFL forthwith on demand, failing which IIFL may (but shall
not be bound to) square up the transaction at any time at
the Client’s sole risk and cost. Any loss arising on such
squaring up will be borne solely by the Client and the Client
shall pay to the IIFL the additional amount that may be
payable by the Client, the IIFL’s demand being conclusive.

The Client declares and confirms that the amount being
invested by the Client. Client either directly or through its
Power of Attorney holders, in any schemes of all mutual
funds or other securities including but not limited to Initial
Public Offerings/Public Offers, Rights issue and Buy Back
offers is obtained through legitimate sources and is not
held or designed for the purpose of contravention of the
provisions of any Act, Rules and Regulations or any statue
or legislation or any other applicable Laws or any
Notifications, directions issued by any Governmental or
Statutory Authority from time to time.

In case the Client is a Non-resident Indian, the Client
confirms that the funds remitted from abroad are through
approved banking channels or from the NRE/NRO/FCNR
account.

If for any reasons, IIFL is unable to carry out the
transactions as instructed by the Client/Client’s authorized
representative to the extent of full quantity of
units/securities, the IIFL shall be entitled at its discretion
and the Client hereby irrevocably authorizes the IIFL to
carry out a transaction of a lesser quantity of
units/securities. IIFL shall not be responsible for the nonexecution
of the Client’s instructions for the entire quantity
or the remaining quantity.

The Client agrees and acknowledges that any instruction
given or purported to be given by the Client/its authorized
representative before the cut off time as may be intimated
by the IIFL to the Client from time to time, will be processed
on the same day. Any instruction received after the cut off
time will be processed on the next working day, if
applicable.

In case of Mutual Fund, applicable Net Asset Value (NAV)
shall be as per the Offer Document and SEBI Rules and
Regulations. The units of scheme shall be allotted,
redeemed or switched, as the case may be, at the NAV
prevalent on the date of the application, if the application
for purchase, redemption or switch is received by the Fund
before the cut-off time as specified on the website and
consistent with the terms of the scheme. Any request
falling due on holiday would be processed on the next
business day and respective NAV would be applicable as
per Mutual Funds offer documents.

In case of other securities, the order for purchase, sell, offer
under Buy Back etc. shall be accepted by IIFL only if the
same is received by the cut off date as indicated on the
website and consistent with the terms of the offer.

The Client agrees and acknowledges that after the first
purchase transaction in any Mutual Fund, the Client may
not be permitted to transact till the folio number is
allotted. IIFL does not accept any liability for delay in
processing time at the Mutual Fund’s or Registrar’s end.

IIFL shall credit the proceeds of the sale / redemption etc.,
for any of the Investment Products only after IIFL has
received the same unless specifically agreed otherwise.

The Client acknowledges that IIFL or its representatives
shall not be under any obligation to provide him with any
tax, legal, accounting, investment advice or advice
regarding the suitability or profitability of investment of
any kind, nor does IIFL or its representatives give any advice
or offer any opinion with respect to the nature, potential
value or suitability of any particular transaction or
investment strategy.

It is explicitly stated herein that the Mutual Fund Schemes/
Offer Documents/other schemes offered by IIFL, have not
been/shall not be understood as recommended by the IIFL.

The Client can view his/her/its transactions on the website.
A physical copy of the transactions statement or the
account statement shall be sent by IIFL only on a written
request from the Client.

In case an application is made for Initial Public Offer/Public
Offer/Units of Mutual Fund through IIFL, the Client
authorizes IIFL to collect on Client’s behalf, the refund
amount, if any, from the Issuer Company/Registrar/Asset
Management Company/Mutual Fund and subsequently
credit the same to Client’s Bank account, after set-off/
adjustment of dues payable by the Client on account of
obligations incurred in connection with the application.

The Client further agrees that IIFL shall not be held
responsible for non-allotment of securities either fully or
partly to Client, for any reason whatsoever. IIFL shall not be
held responsible in case due to some reason the
bid/application/revision instructions sent by Client is not
received by it , or if the bid/application/revision could not
be uploaded to the Stock Exchange, or could not be sent to
the Bankers/Registrar to the issue.

IIFL shall not be held responsible for non-receipt/delay
in/incorrect receipt of fund, if any, from the Registrar/
Company. IIFL shall not be held responsible for incorrect
Tax Deduction at Source (TDS) by the Registrar/company, if
applicable, or for nonreceipt or delay in/ incorrect receipt
of TDS Certificate, if any from the Registrar/Company/
Mutual Fund.

IIFL shall not be liable for any loss or damage caused by
reason of failure or delay of the mutual fund to deliver any
units purchased even though payment has been made for
the same or failure or delay in making payment in respect
of any sold though they may have been delivered.

The Client understands that the corporate actions including
but not limited to Dividends, declared by the Issuer
Company/Mutual Fund shall be directly paid by the Issuer
Company/Mutual Fund to the Client’s bank account as
detail provided by the Client.

IIFL shall also not be liable to the Client for any delay, failure
or refusal of the Mutual Fund/any Issuer Company /
Corporation or other body in registering or transferring
units to the names of the Clients of for any interest,
dividend or other loss caused to the Client arising
therefrom.

The Client agrees to provide IIFL with any confirmation/
declaration or any other document that the concerned
Issuer/Asset Management Company or any other entity
may from time to time require IIFL to collect from the Client
in respect of the services offered under this agreement.

IIFL shall not be responsible for any changes in the data of
any scheme as carried out in the Offer document or any
other documents/material issued by Asset Management
company/Issuer Company/Mutual Fund.

IIFL does not accept any liability for delay in processing time
at the Mutual Fund’s/Issuer or Registrar’s end. The Client
agrees that IIFL shall not be liable or responsible for non
execution of any transactions for any reason, whatsoever.

Neither IIFL, nor any of the Mutual Funds/nor the issuer
shall be liable for any failure to perform its obligations, to
the extent that such performance had been delayed,
hindered or prevented by systems failures network errors,
delay or loss of data due to the aforesaid, acts of God,
floods, epidemics, quarantine, riot or civil commotion and
war.

The Client agrees and understands that the application in
Mutual Fund/Initial Public Offering shall be subject to the
applicable Acts, Rules, Regulations, guidelines, circulars,
notifications, and directives issued by the Regulatory
Authorities and Offer Document issued by the respective
Mutual Fund/ Issuer.

The Client further understands and agrees that he/she shall
not place trades at unrealistic prices from current market
price of the security or trade in illiquid securities which
create artificial liquidity or amounts to manipulation of
prices or cross/synchronized trades.

IIFL shall provide its services on a best efforts basis.
However IIFL shall not be liable for any failure or for any
loss, damage or other costs arising in any way out of:
a) System failure including failure of ancillary or associated
systems, or fluctuation of power, or other acts of
God/force majeure;
b) Accident, transportation, neglect, misuse, errors,
frauds on the part of the Client or any agent of the Client
or agents or any third party, or
c) Any fault in any attachments or associated equipments
of the Client
d) Any incidental, special or consequential damages
including without limitation of loss of profit.

In the event of disputes, differences, claims and questions
between the Parties arising out of these Terms and
Conditions or in any way relating hereto or to any provision
hereof or the construction or interpretation thereof, the
Parties shall first endeavor to settle the same by friendly
consultation and, failing such settlement, Both the parties
agree to refer any claims and/or disputes to arbitration as
per the Rules, Byelaws and Regulations of the Exchange/
regulators and circulars issued thereunder in accordance
with the provisions of the Indian Arbitration and
Conciliation Act, 1996. The language of Arbitration shall be
English.The award of the arbitrator shall be final and
binding.

The Client understand that all disputes and differences
arising out of, under or in connection with these terms and
conditions or anything done hereunder shall be within the
exclusive jurisdiction only to the courts of Mumbai. Further
these terms and conditions are subject to and shall be
construed in accordance with the laws prevalent in India.

The Client understands that in cases of gross negligence, or
willful default of Client, IIFL shall be indemnified by the
Clients for, any and all costs, charges, expenses, claims,
losses or liabilities of any nature (direct or indirect)
including reasonable legal fees and expenses incurred
and/or suffered by IIFL resulting from any act of
omission/commission (or any delay) being committed by
the Client.

eSign your Account Opening Form

1. Use my Aadhaar details for E-kyc, E-signature and E-Mandate (NACH) and authenticate my identity through the Aadhaar Authentication system (Aadhaar based e-KYC services of UIDAI) in accordance with the provisions of the Aadhar (Targeted Delivery of Financial and other Subsidies, Benefits and Services) Act, 2016 and the allied rules and regulations notified thereunder and for no other purpose.

2. Authenticate my Aadhaar through OTP or Biometric for authenticating my identity through the Aadhaar Authentication system for obtaining my e-KYC through Aadhaar based e-KYC services of UIDAI and use my Photo and Demographic details (Name, Gender, Date of Birth and Address) for E-Kyc, E-Signature and E-Mandate (NACH) .

3. I understand that Security and confidentiality of personal identity data provided, for the purpose of Aadhaar based authentication is ensured by IIFL Securities Limited and the data will be stored by IIFL Securities Limited till such time as mentioned in guidelines from UIDAI from time to time.

I/we undertake that the amount to be invested by me/us in mutual funds would not
exceed Rs 50000 per financial year per Mutual Funds and payment of the same would
be made by me/us through electronic transfer from my/our bank account registered
with IIFL Securities Limited.

Requesting OTP for Mobile.

Requesting OTP from UIDAI..

Requesting OTP from UIDAI..

Verifying OTP for digital signature..

Please wait while your eSigned AOF is being generated..

A onetime password has been sent to your Aadhaar registered mobile number and email
id. Please enter OTP to affix your e-sign.

Congratulations!

Voila, Your account opening form is now complete! Our team will get in touch with
you shortly. You will be notified as soon as your account is activated.

Congratulations!

Voila, your account is now open!
In just a few hours, you can start investing in Mutual Funds.
An email has been sent to you with your Account Opening form and a copy of One Time
Mandate.

Congratulations!

Voila, your account is now open!
In just a few hours, you can start investing in Mutual Funds.
An email has been sent to you with your Account Opening form and a copy of One Time
Mandate.

We have received your payment! Here are the details for your reference

Transaction Status

Reference Number

Date and Time

Amount

Paid From

I authorize IIFL to generate an Aadhaar E-Mandate which can be used for paperless mutual fund investments Know More

By selecting this option, an e-mandate of Rs. 50,000 daily limit would be generated through your registered bank account, using which you can invest through IIFL without any additional paperwork, in a quick and seamless way.

By selecting this, you are only authorizing IIFL to generate such mandate to provide convenient payment option for you; no amount would be deducted from your linked bank account till the time you place an order and select this E-Mandate as a payment option.

By selecting this option, you also agree that if there are any discrepancies found between the details provided by the user / client and used to create E-Mandate and the client details including bank details registered with us on activation, IIFL reserves the right to deactivate the mandate from relevant systems.